Tree plantings and other beautification features

Assignment Help Business Economics
Reference no: EM13771364

A proposal has been made for improving the downtown area of a small town. The plan calls for banning vehicular traffic on the main street and turning this street into a pedestrian mall with tree plantings and other beautification features. This plan will involve actual costs of $6,000,000 and, according to its proponents; the plan will produce benefits and disbenefits to the town as follows:

Benefits:

Increased sales tax revenue $450,000 per year

Increased real estate property taxes $325,000 per year

Benefits due to decreased air pollution $80,000 per year

Quality of life improvements to users $70,000 per year

Disbenefits:

Increased maintenance $175,000 per year

a. Compute the BC ratio of this plan based on a

MARR of 10% per year and an infinite life for the project. (10.7)

b. How does the BC ratio change for a 20-year project life? (10.7)

Reference no: EM13771364

Questions Cloud

Assume a perfectly competitive market structure : Assume a perfectly competitive market structure. Complete the diagram to show the profit maximizing price and quantity. Label each (use Insert textbox). Is the firm earning economic profits or losses? If so, what will occur over the long-term?
Defender v. the challenger by the annual cost method : A company currently has a machine (defender) which was purchased 9 years ago at a cost of $70,000 and an expected annual operating cost of $ 16,000. It was expected to last 15 years with a salvage value of $ 18,000. Analyze the defender (new) v. the ..
Explore how these might work in practice : Discuss the changes to the ways of working for Phab - i.e. discuss what processes will change, and explore how these might work in practice.
Upd communication- low overhead versus relaibilities : UPD communication: low overhead versus relaibilitiesDescribe its essential purpose, how it works, and anything that is interesting about it in your initial post.
Tree plantings and other beautification features : A proposal has been made for improving the downtown area of a small town. The plan calls for banning vehicular traffic on the main street and turning this street into a pedestrian mall with tree plantings and other beautification features.
What professional ethical issues exist : What professional ethical issues exist for corrections officers to engage in this behavior? How could this behavior adversely impact your cell block corrections officer's unit
Consumers frequently prefer bundled telecommunications : About two-thirds of all households now purchase two or more bundled telecommunications services from the same company (e.g., local telephone, long distance telephone, video, cell phone, Internet, etc.). Explain why consumers frequently prefer bundled..
What are the strengths and weaknesses of the stated mission : Wolfe, N. (2011). The living organization: Transforming business to create extraordinary results. Irvine, CA: Quantum Leaders Publishing.As Wolfe explains (2011, pp. 81-84): Within organizations, the Context field is often incorrectly referred to as ..
Describe the steps you have taken to maintain and redesign : Describe the steps you have taken to maintain and redesign your site(basic website beginner). How is the process that you followed similar to or different from how sites are maintained and redesigned in the professional environment

Reviews

Write a Review

Business Economics Questions & Answers

  How does the price elasticity of demand for corn

How does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil? Explain, using economic terms, why this is so.

  Illustrate what is the legal distinction between selling

Illustrate what is the legal distinction between selling a product and licensing it. Many of the provisions in the UCITA were first proposed as a modification to Article 2 of the UCC. Why do you think the drafters decided to propose it as a separa..

  Equilibrium in a constant-cost competitive industry

Draw a new set of graphs that illustrate long-run equilibrium in a constant-cost competitive industry. Use two graphs, one for the market and another for a representative firm. a. Show and discuss the effect an increase in market demand has on the re..

  Equations representing demand

The equations representing demand as well as, inverse demand as well as, supply as well as inverse supply are as follows.

  Which product is to be most price elastic between housing

Relatively more inelastic than those of firms which only make house windows. Which product is to be the most price elastic between housing or automobiles?

  Same material and manufacturing costs

Either design will serve equally well and will involve the same material and manufacturing costs excluding the lathe as well as drilling operations.

  Illustrate what are the historical trends and current state

Illustrate what are the historical trends and current state of the federal budget and deficit spending. Should the federal budget be balanced? Is this really necessary.

  Demand for alternative fuels increasedmade from corn

As oil prices rose during 2006, the demand for alternative fuels increased. Ethanol, one alternative fuel, is made from corn.

  Q1 what is the most important case that the tax as supreme

q1. what is the most important case that the tax as supreme court has well sales?q2. discuss why tickets scalping at

  College students living off-campus frequently consume

An average worker in Brazil can produce an ounce of soybeans in 20minutes and an ounce of coffee in 60 minutes, while an average worker in Per can produce an ounce of soybeans in 50 minutes and anounce of coffee in 75 minutes.

  What arrangements have been made in this respect

Can citizens who speak an official language or than majority language receive official personal documents in that language. What arrangements have been made in this respect.

  Determine is the current computer should be replaced

Firm is contemplating replacing a computer (D) it purchased three years ago for 6,000. In two years it will have a salvage value of $800. Operating a maintenance costs have been $1,000 per year. The computer currently has a trade in value of $3,000 t..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd